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Complete the following using present value. (Use the Table 12.3) (Do not round intermediate calculations. Round the PV factor to 4 decimal places and final

Complete the following using present value. (Use the Table 12.3) (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) $ Amount desired at end of period On PV Table 12.3 Length Ratel Compounded of time Period used Rate used PV factor used. 17,600 7 years 12 % Quarterly % PV of amount desired at end of period

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